Living on one of Spain’s spectacular islands, such as The White Island of Ibiza, brings a host of advantages to all. Just 40 km long, Ibiza packs in world class summer nightlife attracting high-end international property owners and renters.
As the year turns more towards the winter months, the packed summer beaches empty and temperatures drop from above summer’s 30 deg. C to 15 deg. C.
However, island life remains busy throughout the year. Yachts cram Ibiza Town’s main harbour and, among the main attractions, are the fortified old town and spectacular Dalt Villa (Upper Town).
The latter is the gateway to a historic cobbled stone courtyard featuring restaurants, art museum and shops. A further feature is an open-air cinema.
With so much to offer, it is little wonder that housing developments have proliferated in the main centres of Ibiza Town, San Antonio, Santa Eulalia, San Jose and San Juan. Mainland building companies, such as the internationally-known Idealista, offer new properties for sale in Ibiza.
On the secondhand market, a one-bed duplex with panoramic views over Ibiza harbour is priced at €445,000 with Rightmove. Moving up the scale, a seven-bed villa at Santa Eu Laria Des Rui is on sale for €3,450,000. This villa is in the countryside of Ibiza. Agent Las Anclas offers online viewing.
A six-bed villa at San Carlos, in the north of the island, on the market with agent Ibibielle Properties C.B, is described as ‘fantastic.’ Priced at €10,500,000, this new home would be of interest to one of the many celebrities who make Ibiza their home.
How do you get a Spanish mortgage?
There are a host of banks keen to provide mortgages to British people buying a property in Ibiza. Borrowers will typically need a deposit of a least 30% plus taxes, although if you are buying a 1 million euro plus property and you want a larger mortgage, you may need a bigger deposit.
Do you need a Spanish mortgage? Contact yourspanishmortgage.co.uk for expert advice.
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